5 Low Beta Dividend Stocks Yielding Over 5%
The U.S. economy continues to have significant headwinds (e.g., high unemployment, end of QE2, weak housing market, debt ceiling debate, etc.) and signs are definitely pointing toward further weakness in the equity market.In the current market environment, it is important for income investors to choose their dividend stocks wisely as they are putting new money to work. As volatility increases (especially downside volatility), investors may want to add some low beta stocks to their holdings to help dampen portfolio volatility. In general, companies with low betas will tend to be less volatile than the general market.With that in mind, we did a screen with the following parameters to find companies that had high dividend yields, low betas, and P/E ratios under 20:
Dividend Yield > 5%
Avg. 3m Volume > 1,000,000
Stock Price > $10.00
Market Cap > $1 billion
P/E Ratio < 20.0x
Beta < 0.50
The... Read more